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Founder Of Defunct Cryptopia Launches New Crypto Exchange

Founder of Defunct Cryptopia Launches New Crypto Exchange

The founder of defunct cryptocurrency exchange Cryptopia, which entered liquidation following a hack in January 2019, has launched a new exchange called Assetylene. The LinkedIn employment history for the founder of the failed New Zealand exchange, Adam Clark, indicates that he’s been working on Assetylene since September 2018, which is also when the exchange’s Twitter…
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Dutch Authorities Shut Down Bestmixer

Dutch Authorities Shut Down Bestmixer

The Dutch Financial Intelligence and Investigation Service (FIOD) has shut down cryptomixing site Bestmixer.io. According to local media, Dutch authorities moved to shut down the site on May 22, 2019, as part of a joint operation with police agencies from several European nations, including France, Latvia and Luxembourg. Following concerns originally raised by the online…
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Australian Civil Servant Caught Mining Crypto With Government Hardware

Australian Civil Servant Caught Mining Crypto With Government Hardware

The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release. In the release, the AFP states that the unnamed 33-year-old man is an IT contractor with the Australian government, who took advantage of his access to “manipulate programs to use…
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The Man Behind Bitcoin Pizza Day Is More Than A Meme: He’s A Mining Pioneer

The Man Behind Bitcoin Pizza Day Is More Than a Meme: He’s a Mining Pioneer

Bitcoin was barely a year old and trading for less than a penny. Excitement for the world’s first cryptocurrency was still largely bottled up in the infant hobbyist forum Bitcointalk, itself barely half a year old. Here, OGs effervescent with enthusiasm compared notes on economic philosophy, technical knowledge and the new cryptographic beast that Satoshi…
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Coinbase’s Merchant App Hits $50 Million In Volume Since 2018 Launch

Coinbase’s Merchant App Hits $50 Million in Volume Since 2018 Launch

news People really do seem to be buying things with cryptocurrency. Announced today, Coinbase Commerce – the exchange unicorn’s app for online retailers – has exceeded $50 million in transactions since launching in February 2018. “Volumes really started picking up in Q2 [2019],” Justin O’Brien, the product lead for Coinbase Commerce, told CoinDesk in a phone…
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SEC Sues Alleged $26 Million ‘Crypto’ Ponzi Scheme Operator

SEC Sues Alleged $26 Million ‘Crypto’ Ponzi Scheme Operator

news The U.S. Securities and Exchange Commission (SEC) is suing a California resident on charges of selling unregistered securities and conducting a Ponzi scheme disguised as a cryptocurrency. The SEC announced Thursday that it had filed for an injunction against Daniel Pacheco, claiming that he sold unregistered securities through IPro Solutions LLC and IPro Network…
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Vitalik Proposes Mixer To Anonymize ‘One-Off’ Ethereum Transactions

Vitalik Proposes Mixer to Anonymize ‘One-Off’ Ethereum Transactions

news “We need a first step toward more privacy,” Vitalik Buterin, founder of the ethereum blockchain network, said Wendesday. In a new HackMD post, Buterin detailed a design to help obscure ethereum user activity on the blockchain. More specifically, Buterin proposed a “minimal mixer design” aimed at obfuscating user addresses when sending fixed quantities of ether…
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